Kilian Rieder is a Principal economist at the Economic Analysis and Research Department of the Oesterreichische Nationalbank (OeNB, Eurosystem). Kilian earned his Ph.D. in May 2018 from Oxford University (University College), after completing Master degrees at LSE and Sciences Po Paris. He is currently an affiliate of the CEPR economic history programme. His research interests are in applied macroeconomics and economic history. Recent work focuses on the effects of macroprudential policy vs. leaning against the wind, central bank responses to financial crises and central bank communication. Before joining the OeNB in September 2019, Kilian was an assistant professor at the Economics Department and the Institute for Economic History at WU Vienna (Vienna University of Economics and Business), where he continues to teach graduate courses in economic history and applied econometrics. Prior to and during his PhD studies at Oxford University, he gained full-time working experience in monetary policy and banking supervision at the Oesterreichische Nationalbank, the Austrian Financial Market Authority, the European Central Bank, Magyar Nemzeti Bank and the Bank of England. He also worked as a stipendiary lecturer (career development) in economics at Pembroke College, Oxford University.